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Updated over 5 years ago,
Questions to ask sellers agent?
Hey,
Complete newbie here with real estate investing but learning lots quickly. I asked yesterday about getting myself a realtor or going solo, and based on the advice I plan on getting a realtor in the area I am looking at. I still don't have one and would like to phone the agent of the property I am looking at today and ask her some questions. I am curious if there are any good questions I am missing, or any other advice. Here is what I have so far:
- Why are they selling?
- What kind of leases are in place?
- Who pays for utilities?
- Are all 4 separately metered?
- Any known issues with the house?
- Price of Utilities?
- How are the rents split up?
- Vacancies?
- Types of tenants in place?
- Age of roof?
This property is a 4 plex that I am looking at. Of course I am going to be careful about what I say during the conversation, I am mainly interested in asking these questions to get a preliminary of the place before I go ahead and take a closer look.
Thanks for all the help!
All the Best,
Cody